Barrons online is only available by subscription, so I'm not able to link the artlicle. I've been picking up a copy of the paper on my Sat. morning walks for the last couple of months because they have such bearish leanings, which gives me some insight into the bear mindset. ...I'm sure you've figured out by now that I lean toward being bullish, but always try to temper that with a realistic assessment of what's really going on.
An interesting stat mentioned by Marty Zwieg, (another pragmatist), is this:
"The average lead time between the Fed's third cut to the ends of the nine post-war recesssions, has been just 2.7 months. So, when the fed cuts, the economy revives."
Donna
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